Mike Cole

Directions Website Contact the business

Mike Cole REALTOR® | Brantford & Brant County 🏡
Coldwell Banker Momentum Realty
📱: (519) 777-5935
📩: [email protected]
Advice for Buyers & Sellers

10/26/2026

Buying a home with a legal rental suite? That rental income can help you qualify for the mortgage. 🏡

But lenders count it their own way - usually adding back around 50% of the rent to your income, or offsetting it against the housing costs. Either way, a tenant helping carry the payment can bump up how much home you qualify for.

Two catches: the suite has to be legal and permitted, and every lender handles it differently. Comment GUIDE and I'll send you my affordability worksheet to see how it changes your numbers.

Mike Cole
Sales Representative
Coldwell Banker Momentum Realty, Brokerage
📱: (519) 777-5935
📞: (519) 756-8120
📩: [email protected]

10/23/2026

📊 Brantford’s September market in 30 seconds 👇
🏡 144 homes sold, nearly flat (down 0.7%)�
💰 Median price: $601,000 (down 6.1%)�
⏱️ Days on market: 46 (up 21.1%)�
📋 638 active listings (down 7.4%)�
⚖️ 5.0 months of supply: still a balanced market

Same number of buyers, but they’re taking their time and sellers are adjusting. Want to know what that means for your street? Send me a DM 💬

Mike Cole�
Sales Representative�
Coldwell Banker Momentum Realty, Brokerage�
📱 (519) 777-5935�
📞 (519) 756-8120�
📩 [email protected]

10/22/2026

The headline says Canadians are falling behind on mortgages faster than anyone in the G7. Here’s what the actual number is. 👇

0.29%.

That’s the Canadian mortgage arrears rate right now. Which means 99.71% of Canadian homeowners are paying on time. 📊

For context:
🇺🇸 United States: 1.43%
🇬🇧 United Kingdom: 0.89%
🇮🇹 Italy: 2.10%
🇨🇦 Canada: 0.29% - second lowest in the G7

Yes, that number has doubled from the 2022 low - and it’s worth watching closely. The pressure is most concentrated in the condo investor segment, where buyers who purchased at peak prices with rock-bottom rates are now renewing into a completely different rate environment. That’s a real problem for those specific owners.

But here’s what the article also says: banks have been proactively working with stretched borrowers, extending amortizations and managing renewals better than most people feared. CIBC’s deputy chief economist says the renewal pressure has likely already peaked.

My take - the Brantford market in September showed sales holding steady, inventory tightening, and a market finding its floor. The risk isn’t in buying a well-structured home you can afford. The risk is in stretching too far and relying on credit cards to bridge the gap - something a solid financial plan prevents from the start.

This is exactly why I bring 15+ years of banking and mortgage experience to every buyer conversation. The numbers matter. The structure matters. Getting it right from day one matters. 😊

Comment GUIDE below and I’ll send you my Smart Move Blueprint - a free buyer’s guide built specifically for the Brantford and Brant County market. 👇

Mike Cole
Sales Representative
Coldwell Banker Momentum Realty, Brokerage
📱 (519) 777-5935
📞 (519) 756-8120
📩 [email protected]

🏡 OPEN HOUSE - Sunday October 25th | 2–4 PM📍 207 Dunsdon Street, Brantford | $589,900Back by popular demand - and still ...
10/21/2026

🏡 OPEN HOUSE - Sunday October 25th | 2–4 PM
📍 207 Dunsdon Street, Brantford | $589,900

Back by popular demand - and still one of the best value plays in North End Brantford right now. 😊

If you missed us last time, here’s your second chance to walk through this move-in ready 3 bedroom home with a brand new electrical panel, updated appliances, a freshly landscaped backyard, and a private patio with a gazebo that’s calling your name. 🌿

The big stuff is already done. You just need to move in.

📍 Walking distance to great schools and minutes to Hwy 403 and Hwy 24
☀️ Private backyard patio with gazebo - perfect for entertaining
⚡ Brand new electrical panel (2026) + central air (2021)
🚗 Re-surfaced driveway

Come through Sunday from 2 to 4. I’d love to see you. 😊

Listed by Michelle Amey, Broker - Coldwell Banker Momentum Realty, Brokerage.

Mike Cole
Sales Representative
Coldwell Banker Momentum Realty, Brokerage
📱 (519) 777-5935
📞 (519) 756-8120
📩 [email protected]

Most people have no idea how their mortgage is actually registered on title - and with a collateral charge, it can be fo...
10/21/2026

Most people have no idea how their mortgage is actually registered on title - and with a collateral charge, it can be for a lot more than you borrowed. 🏡

Here’s the deal: a collateral mortgage can be registered for up to 125% of your home’s value. The upside is you can borrow more later without re-registering. The catch comes at renewal - switching to a better rate with another lender often means legal fees to discharge and re-register, so a lot of people just stay put and miss out on a better deal.

It’s not bad or good - it’s about knowing what you signed. Questions about yours? Send me a message.

Mike Cole
Sales Representative
Coldwell Banker Momentum Realty, Brokerage
📱: (519) 777-5935
📞: (519) 756-8120
📩: [email protected]

10/20/2026

🏦 Your bank may have registered your mortgage for more than you borrowed - and that detail matters more than most people realize.

Collateral charges vs. standard charges: the difference affects your switching options at renewal and your negotiating power. 💡

Watch this Real Estate in Real Talk episode and know what you signed.
—
Mike Cole
Sales Representative
Coldwell Banker Momentum Realty, Brokerage
📱: (519) 777-5935
📞: (519) 756-8120
📩: [email protected]

10/19/2026

The price of a house isn't what you can afford - the payment is. 🏡

Two families can buy the same $600K home and have totally different monthly payments, depending on rate, down payment, and amortization. So don't anchor to the sticker price - anchor to what the payment does to your budget.

And your pre-approval is a ceiling, not a target. The smartest buyers leave room for real life. Buy the payment you're comfortable with in February, not the biggest number the bank offers.

Comment GUIDE and I'll send you my worksheet to see it for yourself.

Mike Cole
Sales Representative
Coldwell Banker Momentum Realty, Brokerage
📱: (519) 777-5935
📞: (519) 756-8120
📩: [email protected]

10/16/2026

📉 Last month I said waiting for “the bottom” could cost you. So how did that hold up? Let’s check my own homework 👇

August’s single-family median price was $665,000, up 7.3% from a year earlier. September came in at $640,000, down 5.9%. Homes also took longer to sell: 43 days, up from 30 in August ⏱️

The lesson? One strong month is a data point, not a trend 📊 I’ll always show you where the numbers land, even when the picture shifts.

Mike Cole�Sales Representative�Coldwell Banker Momentum Realty, Brokerage�📱 (519) 777-5935�📞 (519) 756-8120�📩 [email protected]

🏡 OPEN HOUSE — Sunday October 18th | 2–4 PM📍 48C Harris Avenue, BrantfordSome homes just feel right the moment you walk ...
10/16/2026

🏡 OPEN HOUSE — Sunday October 18th | 2–4 PM
📍 48C Harris Avenue, Brantford

Some homes just feel right the moment you walk in. This is one of them. 😊

48C Harris Avenue is a beautifully maintained 2+1 bedroom condo in a central Brantford location and it delivers the kind of easy, low-maintenance lifestyle that a lot of buyers are actively looking for right now.

Here’s what makes this one stand out:

🛋️ Open-concept kitchen, eating area, and living room - perfect for relaxed entertaining
🚪 Patio doors flowing to a private back deck with a grassy area for kids or pets
🛏️ Primary bedroom with walk-in closet and private ensuite - your own little retreat
🛁 Front bedroom with double doors and a closet - flexible as a bedroom or TV room
🧺 Main floor laundry and a convenient 2-piece bath
🎬 Full lower level with rec room, additional bedroom, bathroom, and storage
🚗 Attached single-car garage - a genuine luxury when winter hits 🌨️
💰 Condo fees of just $363/month - no outside maintenance, ever

Whether you’re just stepping into homeownership or looking to simplify your life without giving up your space this is the one. Come see it Sunday. 😊

Listed by Sarah Tolhurst, Coldwell Banker Momentum Realty, Brokerage.

Mike Cole
Sales Representative
Coldwell Banker Momentum Realty, Brokerage
📱 (519) 777-5935
📞 (519) 756-8120
📩 [email protected]

Address

175 Brant Avenue
Brantford, ON
N3T3H8

Opening Hours

Monday 8:30am - 8:30pm
Tuesday 8:30am - 8:30pm
Wednesday 8:30am - 8:30pm
Thursday 8:30am - 8:30pm
Friday 8:30am - 8:30pm
Saturday 8:30am - 8:30pm
Sunday 8:30am - 8:30pm

Website

, ,

Alerts

Be the first to know and let us send you an email when Mike Cole posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Mike Cole:

Shortcuts

Share

Category